Macroeconomic Fundamentals and Domestic Savings Mobilisation in the Sadc Region (2008-2017)

              ABSTRACT

 

Domestic savings play a critical role in augmenting capital accumulation and contributing toachieve and sustain high economic growth. The aim of this study is to examine the effect ofmacroeconomic fundamentals on domestic saving mobilisation in the SADC region. Paneldata analysis was used for 10 SADC member countries during the period of 2008-2017.Document analysis wasused to collect data from World bankdatabase. Multiple linearregression was used and regression output was obtained through STATA 12.Diagnostic testswere done and random effects model was employed. The findings of the study revealed thathousehold expenditure, government expenditure, foreign direct investment have a negativesignificant relationship with domestic savings, real interest rates, inflation*unemployment,current account balance, gross fixed capital formation have a positive significant relationshipwith gross domestic savings, inflation, gross domestic product have a negative insignificantrelationship, while life expectancy andGDP *GINI have a positive insignificant relationshipwith gross domestic savings. The study concluded that macroeconomic fundamentals have asignificantimpactongrossdomesticsavings.ThestudysuggeststhatGovernmentsofselected countries should adopt proper policies for financial institutions in order to encouragesavingbehavior among thepeople oftheir countries.

Subscribe to access this work and thousands more
Overall Rating

0

5 Star
(0)
4 Star
(0)
3 Star
(0)
2 Star
(0)
1 Star
(0)
APA

Ngwenya, M. (2023). Macroeconomic Fundamentals and Domestic Savings Mobilisation in the Sadc Region (2008-2017). Afribary. Retrieved from https://afribary.com/works/mthandazo-ngwenya-n0175131a-thesis-nust-msc-fin-and-inv-bulawayo-cohort

MLA 8th

Ngwenya, Mthandazo "Macroeconomic Fundamentals and Domestic Savings Mobilisation in the Sadc Region (2008-2017)" Afribary. Afribary, 25 Mar. 2023, https://afribary.com/works/mthandazo-ngwenya-n0175131a-thesis-nust-msc-fin-and-inv-bulawayo-cohort. Accessed 25 May. 2024.

MLA7

Ngwenya, Mthandazo . "Macroeconomic Fundamentals and Domestic Savings Mobilisation in the Sadc Region (2008-2017)". Afribary, Afribary, 25 Mar. 2023. Web. 25 May. 2024. < https://afribary.com/works/mthandazo-ngwenya-n0175131a-thesis-nust-msc-fin-and-inv-bulawayo-cohort >.

Chicago

Ngwenya, Mthandazo . "Macroeconomic Fundamentals and Domestic Savings Mobilisation in the Sadc Region (2008-2017)" Afribary (2023). Accessed May 25, 2024. https://afribary.com/works/mthandazo-ngwenya-n0175131a-thesis-nust-msc-fin-and-inv-bulawayo-cohort

Document Details
Field: Finance Type: Thesis 63 PAGES (14369 WORDS) (pdf)